„It is high time a private equity fund gets listed on the Bulgaraian Stock Exchange to enrich the market“ said Nikolay Yalamov, executive director in Capman Group during the Private Equity Investment in Bulgaria Forum held yesterday.

All participants in the platform „The IPO boom and the challenges of private equity investment“ agreed that this is probaably the best route for part a fund's investment.

Danail Danailov, senior investment manager in SEAF Trans Balkan Bulgaria Fund said that his company is planning to hold an IPO within a year.

According to Nikolay Yalamov during the next couple of years Bulgarian investors will start to distinguish the IPOs that are worth among those which are not.

Miroslav Stoyanov, Investment banking Director in Elana Trading says although there many IPOs scheduled for next year, a lot of the companies are not prepared for their listing.

Yalamov on the other hand said that demand is currently so high that anything listed will get subscribed. Thus he doesn't think the forthcoming IPOs will be too much for the market to take.

In his opinion there are two possible scenarios for the development of the Bulgarian Stock Exchange – prices will hold at their current levels and growth will be slower or there will be corrections.